Online retailer Amazon has injected Rs 1,237 crore into Amazon Seller Services, making it the biggest infusion of capital into the Indian flagship firm since it entered the country in 2013. The investment takes Amazon’s total infusion into Amazon Seller’s Services in the past ten months to about Rs 3,000 crore. About five month ago, it had pumped in Rs 1,155 crore.
“We are very excited by our growth and continue to invest in technology, specially mobile, infrastructure and logistics to support seller capability in order to deliver value to our customers”, an Amazon India spokesman said.
In a filing with the Register of Company’s (RoC) last month, Amazon Seller had said it is raising the money through allotment of equity shares to its US parent company.
